River Oaks Capital LLC Has $4.15 Million Stake in ServisFirst Bancshares, Inc. (SFBS)

River Oaks Capital LLC lessened its stake in ServisFirst Bancshares, Inc. (NASDAQ:SFBS) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,000 shares of the financial services provider’s stock after selling 5,300 shares during the quarter. ServisFirst Bancshares accounts for about 3.3% of River Oaks Capital LLC’s investment portfolio, making the stock its 4th biggest holding. River Oaks Capital LLC owned about 0.19% of ServisFirst Bancshares worth $4,150,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in SFBS. The Manufacturers Life Insurance Company boosted its holdings in ServisFirst Bancshares by 0.4% during the second quarter. The Manufacturers Life Insurance Company now owns 36,174 shares of the financial services provider’s stock worth $1,334,000 after purchasing an additional 150 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in ServisFirst Bancshares by 0.8% during the second quarter. Macquarie Group Ltd. now owns 38,998 shares of the financial services provider’s stock worth $1,439,000 after purchasing an additional 296 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in ServisFirst Bancshares by 30.0% during the third quarter. Victory Capital Management Inc. now owns 5,496 shares of the financial services provider’s stock worth $214,000 after purchasing an additional 1,267 shares during the last quarter. Alps Advisors Inc. boosted its holdings in ServisFirst Bancshares by 13.6% during the third quarter. Alps Advisors Inc. now owns 13,563 shares of the financial services provider’s stock worth $527,000 after purchasing an additional 1,621 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its holdings in ServisFirst Bancshares by 8.0% during the second quarter. UBS Asset Management Americas Inc. now owns 24,650 shares of the financial services provider’s stock worth $909,000 after purchasing an additional 1,826 shares during the last quarter. Institutional investors own 43.67% of the company’s stock.

Shares of ServisFirst Bancshares, Inc. (NASDAQ SFBS) opened at $41.21 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.11. ServisFirst Bancshares, Inc. has a 1 year low of $32.54 and a 1 year high of $44.00. The stock has a market cap of $2,218.27, a price-to-earnings ratio of 23.82 and a beta of 1.31.

ServisFirst Bancshares (NASDAQ:SFBS) last posted its quarterly earnings results on Monday, January 22nd. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.03). ServisFirst Bancshares had a return on equity of 16.69% and a net margin of 33.03%. The firm had revenue of $66.31 million for the quarter, compared to the consensus estimate of $65.86 million. equities analysts anticipate that ServisFirst Bancshares, Inc. will post 2.49 EPS for the current fiscal year.

In other ServisFirst Bancshares news, EVP G. Carlton Barker sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $42.25, for a total transaction of $422,500.00. Following the sale, the executive vice president now directly owns 126,462 shares of the company’s stock, valued at $5,343,019.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael D. Fuller sold 20,000 shares of the company’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $42.23, for a total transaction of $844,600.00. The disclosure for this sale can be found here. Corporate insiders own 14.04% of the company’s stock.

SFBS has been the subject of several recent research reports. Zacks Investment Research upgraded shares of ServisFirst Bancshares from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a report on Saturday, January 13th. Hovde Group set a $44.00 target price on shares of ServisFirst Bancshares and gave the stock a “hold” rating in a report on Tuesday, January 23rd. Finally, BidaskClub cut shares of ServisFirst Bancshares from a “buy” rating to a “hold” rating in a report on Saturday, December 9th.

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ServisFirst Bancshares Company Profile

ServisFirst Bancshares, Inc is a bank holding company whose business is conducted by its subsidiary, ServisFirst Bank (the Bank). The Company’s principal business is to accept deposits from the public and to make loans and other investments. The Company, through its bank, originates commercial, consumer and other loans; accept deposits; provides electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services, and provides correspondent banking services to other financial institutions.

Institutional Ownership by Quarter for ServisFirst Bancshares (NASDAQ:SFBS)

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